Nestled along the creek in the picturesque mountain landscape of Idaho Springs, Colorado, this boutique cabin and condo resort property presents a unique waterfront investment opportunity, that backs to national forest. This established nightly rental business (zoned Commercial Hotel/Motel), known for its charm and exceptional hospitality, features multiple cozy cabins and a 5-unit apartment/condo building, surrounded by towering aspens, spruces and breathtaking mountain views. It is rare to find such an exquisite Colorado waterfront property available, within 40 minutes of Denver! Seize the opportunity to own a piece of Colorados serene mountain beauty at Water and Stone Retreat a perfect blend of rustic charm and modern convenience. Step into a thriving business with limitless potential C3 zoning allows for many uses, in addition to the current use as a Hotel/Motel/Lodging. Ideally s...
Nestled along the creek in the picturesque mountain landscape of Idaho Springs, Colorado, this boutique cabin and condo resort property presents a unique waterfront investment opportunity, that backs to national forest. This established nightly rental business (zoned Commercial Hotel/Motel), known for its charm and exceptional hospitality, features multiple cozy cabins and a 5-unit apartment/condo building, surrounded by towering aspens, spruces and breathtaking mountain views. It is rare to find such an exquisite Colorado waterfront property available, within 40 minutes of Denver! Seize the opportunity to own a piece of Colorados serene mountain beauty at Water and Stone Retreat a perfect blend of rustic charm and modern convenience. Step into a thriving business with limitless potential C3 zoning allows for many uses, in addition to the current use as a Hotel/Motel/Lodging. Ideally situated just minutes from historic downtown Idaho Springs and I70, offering easy access to popular attractions like Mount Blue Sky (formerly Mount Evans) the highest paved road in the United States, Loveland Ski Area, Echo Mountain Ski Area, St. Mary's Glacier, Red Rocks Amphitheater, Evergreen, CO, Georgetown, CO, Blackstone Rivers Ranch, The Argo, Indian Hot Springs, Casinos, the Original Beau Jos, and Tommyknocker Brewery. Idaho Springs is the closest outdoor adventure mecca to Denver, boasting rafting, zip lining, hiking, fishing, horseback riding, jeeping, paddle boarding, and mountain biking. The offering for sale includes 5 condos and between 6-9 well-maintained, fully furnished cabins, each with either original rustic charm, or updated with modern amenities. All cabins feature lovely outdoor spaces, most with private creek frontage, some have fireplaces, and fully equipped kitchens or kitchenettes. The 14 units are spread across 5.16 easily maintainable, natural and scenic creekside acres. The property offers privacy and ample space for future development, should you wish to build more units, or expand the current use to additional uses, allowed with this rare C3 Zoning. On-site amenities include private, outdoor patios, decks, and creekside spaces, enhancing the guest experience and attracting repeat visitors. Strong occupancy rates year-round, supported by a loyal customer base and excellent online reviews. Occupancy typically ranges between 90-95% in the high seasons, and around 70% in the swing months. Consistent revenue stream with potential for growth through increased marketing and expansion of services. The units consistently garner the highest lodging rates in Idaho Springs. They are currently only offered for bookings on Airbnb. There is incredible potential for increased occupancy and exposure to expand to other booking engines, and/or to accept direct bookings via the Water & Stone Retreat website. Idaho Springs primary industry is tourism, and there is a severe lack of quality lodging in the city. Proximity to Denver (approximately a 40 minute drive) makes it an attractive destination for city dwellers seeking a mountain retreat. Denver, Ski Resorts, Idaho Springs things, Evergreen, Georgetown, Loveland Ski Area, Echo Mountain Ski Area, Blackstone Rivers Ranch, The Argo, Northstar Gatherings, Clear Creek County Health Hot Springs, Black Hawk & Central City Casinos, Mt. Blue Sky, St. Marys Glacier, Mt. Evans Trout Fishing.
-Lot 2 consists of 6 cabins, a 5 unit apartment building, garage, storage space, and office (11 keys total). The price for Lot 2 only is $5,000,000.
-Lot 3 consists of 3 cabins, which are the highest grossing units on the property, as they offer the most seclusion and creekside privacy. The price for Lot 2 and 3 together is $8,000,000 (14 keys total).
-Lot 3 cannot be purchased without lot 2, but Lot 2 can be purchased without Lot 3
Lot 2 Buildings: 6,625 SqFt
Lot 2 and Lot 3 Buildings combined: 7,749 SqFt
-Avg 4.9 Airbnb and Google Ratings
-closest lodging to Blackstone Rivers Ranch (1 minute away), a luxury wedding venue/event center, which refers clients to Water & Stone Retreat
Addresses:
3303 Chicago Creek Rd. Idaho Springs, CO 80452 - 5 Units + Office & Garage/Storage, Keystone (2 bdrm queens), Cobblestone (studio king), Cornerstone/Moonstone (1 bdrm queen), Sandstone (2 bdrm queens) and Flagstone (1 bdrm)
3261 Chicago Creek Rd. Idaho Springs, CO 80452 (Pebble - studio queen)
3259 Chicago Creek Rd. Idaho Springs, CO 80452 (Countryrock - 1 bdrm king)
3255 Chicago Creek Rd. Idaho Springs, CO 80452 (Shale - 1bdrm + loft queens + office)
3229 Chicago Creek Rd. Idaho Springs, CO 80452 (Sylvanite/Sweet Pine - 1 bdrm queen)
3207 Chicago Creek Rd. Idaho Springs, CO 80452 (Basalt/Solace - 1 bdrm full + office)
3193 Chicago Creek Rd. Idaho Springs, CO 80452 (Granite/Epiphany Pines - 1 bdrm full + office)
3129 Chicago Creek Rd. Idaho Springs, CO 80452 (Porphyry/Rustic Funk studio full)
3111 Chicago Creek Rd. Idaho Springs, CO 80452 (Feldspar studio queen)
3083 Chicago Creek Rd. Idaho Springs, CO 80452 (Flint - 1 bdrm queen)